Investing.com - Centene (NYSE:CNC) reported first quarter earnings that beat analysts' expectations on Tuesday and revenue that topped forecasts.
The firm reported earnings per share of $1.39 on revenue of $18.44B. Analysts polled by Investing.com forecast EPS of $1.35 on revenue of $17.46B. That compared to EPS of $2.17 on revenue of $13.19B in the same period a year earlier. The company had reported EPS of $0.69 on revenue of $16.56B in the previous quarter.
For the year, Centene shares are down 16.6%, under-performing the S&P 500 which is up 17.4% year to date.
Centene follows other major Healthcare sector earnings this month
On Tuesday, April 16, 2019, J&J reported first quarter EPS of $2.1 on revenue of $20.02B, compared to forecasts of EPS of $2.04 on revenue of $19.61B.
Abbott Labs earnings beat analyst's expectations on Wednesday, April 17, 2019, with first quarter EPS of $0.63 on revenue of $7.37B. Investing.com analysts expected EPS of $0.61 on revenue of $7.48B
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar